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Household Income by Commuting and Place of Work Over half of Pleasanton residents working within the City report 1999 household income of $100,000 or more (see Table 11). This pattern holds true for many of Pleasanton's residents. including those commuting to San Francisco (64.1 percent of households reporting income over $100.000). Silicon Valley (67.3 percent), and the remainder of the Bay Area (55.2 percent). Because of data constraints, median household incomes cannot be calculated for these populations. Pleasanton residents working in the remainder of the Tri- Valley also report high household incomes, with a median household income of $99,200. The lowest incomes reported by Pleasanton households were those with workers commuting to the Central Valley, with a median household income of $83,100. It is important to note, however, that this is still higher than the 2005 median income of the Bay Area as a whole. Pleasanton workers reported 1999 median household income of $89,800 or more (see Table 12). Pleasanton workers in-commuting from other places tend to earn less overall than Pleasanton employed residents. Those commuting from the remainder of the Tri-Valley report a 1999 median household income of approximately $99,000. Pleasanton workers who reside in the rest of the Bay Area earn a median household income of $83,800 and those commuting from the Central Valley earn a median household income of $70,000. Future Growth According to the Association of Bay Area Governments (ABAG) projections. the City of Pleasanton will experience significant growth over the next 25 years. It should be noted however, that by 2030. these ABAG projections do not match the City's current growth management cap on residential units. Table 13 provides estimates of future growth in population, households, and jobs for the City of Pleasanton, the Tri-Valley, and the Bay Area between 2005 and 2030. As shown, by 2015 Pleasanton's population and number of households are projected to increase by over 12 percent from 2005 levels. Pleasanton's growth is somewhat less than Tri-Valley's population and household projections, expected to rise by 19.7 percent and 20.3 percent, respectively. Both Pleasanton and the Tri-Valley are expected to grow more rapidly than the Bay Area overall (with an increase of just 9.3 percent for population, and 9.1 percent for households). By 2030, ABAG projects that Pleasanton will have 32,180 households, which exceeds the 29.000 unit cap of housing units currently in place under the General Plan (see "Residential Market Overview" section later in this report). P1easanton Economic Development Background Report RNAL - January 2006 16